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Indian Overseas Bank Reviews

Updated 31 May 2023

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Found 230 of over 243 reviews
3.7
58% Recommend to a Friend
Indian Overseas Bank Managing Director and CEO  Karnam Sekar
81% Approve of CEO

Found 230 of over 243 reviews

3.7
58%
Recommend to a Friend
81%
Approve of CEO
Indian Overseas Bank Managing Director and CEO  Karnam Sekar
Karnam Sekar
62 Ratings
Pros
  • "Job security, Decent salary, Peaceful job(in 25 reviews)

  • "It is one of the most customer friendly public sector bank(in 11 reviews)

  • Cons
  • "Very poor HR policies, not supporting employees(in 9 reviews)

  • "Transfer policy is not transperant(in 7 reviews)

  • More Pros and Cons
    Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.

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    1. 5.0
      Current Employee, more than 8 years

      Branch Hed

      31 May 2023 - Branch Manager in Jalandhar, Punjab
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Good Salary, A good respect in sciety

      Cons

      Stressful Job, Lot of Targets

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    2. 4.0
      Former Employee, more than 5 years

      Good PSB to work at

      21 Mar 2023 - Assistant Manager 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Good Training program for freshers. Great pay at par with all PSBs. Good perks/allowances. Loans with very low interest rate for employees. Annual no interest loans equal to gross pay - every year. Really great place to start your career and if you are comfortable with the PSB lifestyle- where things happen slowly but surely - this is a great bank to work at.

      Cons

      1. Politics. 2. Seniors take advantage of freshers knowledge gap and play their own agendas. Staff accountability will fall on freshers who are blindly trusting seniors. 3. Transfer policy - where implementation keeps changing based on who is at the helm at the HR department in CO.

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    4. 5.0
      Current Employee, more than 10 years

      good

      22 Apr 2023 - Senior Manager in New Delhi
      Recommend
      CEO Approval
      Business Outlook

      Pros

      good place to work enjoyed

      Cons

      nothing bad to share about till date

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    5. 4.0
      Current Employee, less than 1 year

      Good company

      2 Apr 2023 - Assistant Manager in Chennai
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Good starting salary and benefits

      Cons

      Posting location may be South for life

      Continue reading
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    6. 5.0
      Current Employee

      good bank

      27 Mar 2023 - Manager 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Good bank with job security

      Cons

      Not much branches in north india

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    7. 4.0
      Current Employee

      Good company

      27 Feb 2023 - Manager IT 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      If you want a pressure free life and not all roles are pressure free btw.

      Cons

      Needs a lot of technological upgradation

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    8. 4.0
      Former Employee, more than 1 year

      Great workplace

      27 Feb 2023 - Head Cashier in Kamrup
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Great workplace supporting staff no work load

      Cons

      Salary , senior employees doesn't want to work

      Continue reading
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    9. 4.0
      Former Employee, less than 1 year

      Great Environment

      3 Mar 2023 - Bank Teller in Chennai
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Worklife balance; benefits, culture, community

      Cons

      fast-paced, in office work, weekends

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    10. 5.0
      Current Employee

      Banking

      16 Feb 2023 - Senior Manager 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Life is good as always

      Cons

      Nothing to share as such

      Continue reading
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    11. 4.0
      Current Employee

      Good place to work

      20 Feb 2023 - Manager, IT 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Stable job. Good work life balance

      Cons

      Growth is very slow here

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    Viewing 1 - 10 of 230 Reviews
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    Indian Overseas Bank Reviews FAQs

    Indian Overseas Bank has an overall rating of 3.7 out of 5, based on over 243 reviews left anonymously by employees. 58% of employees would recommend working at Indian Overseas Bank to a friend and 73% have a positive outlook for the business. This rating has decreased by -1% over the last 12 months.

    According to anonymously submitted Glassdoor reviews, Indian Overseas Bank employees rate their compensation and benefits as 3.4 out of 5. Find out more about salaries and benefits at Indian Overseas Bank. This rating has been stable over the past 12 months.

    58% of Indian Overseas Bank employees would recommend working there to a friend based on Glassdoor reviews. Employees also rated Indian Overseas Bank 3.0 out of 5 for work life balance, 3.1 for culture and values and 3.3 for career opportunities.

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    Glassdoor has 243 Indian Overseas Bank reviews submitted anonymously by Indian Overseas Bank employees. Read employee reviews and ratings on Glassdoor to decide if Indian Overseas Bank is right for you.